fair call about the capital return. I forgot about that.
they wouldn't have sounded out the market at that point about selling etc I would not have thought.
company would have another 6 million.
half that is needed to develop Dargues. who would not lend them money then?
it has been mentioned that Henty contracts will be renegotiated and mine reopened. I am in the belief that that will happen. I have no issues about betting that Henty will reopen sooner then later especially now that they can mine where most of the high grade stuff will be at 1% royalty not 10%.
bird in the hand is worth 2 in the bush but I like to think sh will get more then 2.9cents.
UML Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held
